Devyani International: March ’22 Results Update
Moneylife Digital Team 13 May 2022
Devyani International (Devyani) reported a good quarter, withstanding the effects of inflation as well as January and February COVID impact. Its sales grew by 36%, operating profit grew by 19% and the net profit grew by 24.6% on a y-o-y (year on year) basis. Profits were higher partly due to some taxation benefits of Rs33.5 crore. It has opened 54 new stores in this quarter and 246 new stores...
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